Sentences with phrase «prices of alumina»
The prices of other resource commodities increased on average by 5.8 per cent over the three months to April, driven by increases in the prices of alumina, coal and iron ore.
https://www.rba.gov.au/ Not exact matches
Yet on such insignificant tonnages turns the global alumina price and with it the operating margin for a significant part of the Western world's smelter system.
But around the turn of the decade Alcoa led a producer shift to pricing alumina on the basis of spot market indices compiled by price assessors such as Platts, Metal Bulletin and CRU.
The combination of a high alumina price and low aluminum price crushes operating margins for those smelters which do not enjoy their own vertically - integrated feed.
This is a highly marginal tonnage in the global alumina market and symptomatic of the problems facing all the companies attempting to assess the alumina price.
Alcoa is now pricing around 95 percent of its third party alumina sales basis either an index or the spot market, it said in its Q1 results.
The industry used to link its alumina pricing to the LME aluminium contract, an unsophisticated but largely effective way of cushioning input costs against the sort of metal price blow - out we've just seen.
Aluminium and alumina prices have surged in recent weeks following the announcement of US sanctions on Russian aluminium giant Rusal.
The prices of other resource commodities have also increased in the three months to January, particularly alumina and gold.